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Autonomous Vehicle Market: Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023

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Autonomous Vehicle Market: Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023

Brief

Globally, automakers are aggressively focusing on autonomous vehicles to satisfy customer demand, to remain competitive and to improve their product portfolio. The autonomous vehicles or driverless vehicles are those which can drive themselve without any human intervention, employing inbuilt software, sensors, and communication systems. The driving capability of the autonomous vehicles differs based on automation levels.

Market Analysis

According to Infoholic Research, the global autonomous vehicles market revenue is expected to grow at a CAGR of 39.6% during the forecast period 2017-2027 reaching $126.8 bilion by 2027. Increased investments by automakers, the changing needs and behaviour of customers, and environment-friendly features of autonomous vehicles are expected to drive market growth. The market is analyzed based on the sensors, hardware, software, services, regions, and autonomous vehicles types.

Technology Analysis

The trending advanced technology, artificial intelligence (AI), is expected to play a significant role in the global autonomous vehicle market. The automakers and technical vendors are investing in AI to succeed in the era of autonomous vehicles. Furthermore,vehicle shared services such as car sharing/ taxi sharing will reach a higher adoption rate as individuals are most likely to use these kind of services due to greater affordability and ease.

Segment Analysis

The adoption rate of semi-autonomous vehicles is expected to grow at a rapid rate as the consumers and enterprises are investing heavily on autonomous features.
In the next couple of years, fully autonomous vehicles are expected to be launched. Once level 4 and level 5 vehicles are fully launched, the market share of semi-autonomous vehicles is expected to decline. 

The region-wise segmentation analysis shows that North America holds the major market share followed by Europe. China, India, and Japan are the leading countries in the autonomous vehicles market. Under segmentation by product type, the software segment contributes a major market share owing to the rising AI implementation in vehicles. 

Key Vendors & Competitive Analysis

The global autonomous vehicles market is set to be a new source of revenue inflow for the value chain players, security, service, autonomation, connectivity, manufactures, and sensors providers. Partnerships and M&A strategies among the value chain players has been increasing with the entry of several start-ups. Some of the key players covered in the report are Apple, Google, Nissan Motor, Ford Motor, Intel, Volvo, General Motors, Argus Cyber Security, nuTonomy, Almotive,and Autoliv.

Benefits

The report provides an in-depth analysis of the market demand and the adoption rate of autonomous vehicles. The report aims to provide an opportunity for key players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps venture capitalists in understanding the profile of the companies.

1 Industry Overview 8
1.1 Industry Overview 8
1.2 Key Industry Trends 8
1.3 Key Investments Landscape 8
1.4 Changing ways_ Technologies 9
1.4.1 Artificial Intelligence 9
1.4.2 Vehicle Sharing Services: Car as a service(CaaS) 9
1.4.3 Mobility Role 10
1.5 PEST Analysis 10
2 Report Outline 12
2.1 Report Scope 12
2.2 Report Summary 12
2.3 Research Methodology 12
2.4 Report Assumptions 13
3 Market Characteristics 14
3.1 Evolution 14
3.2 Ecosystem 15
3.3 Technology Roadmap 15
3.4 Market Segmentation 15
3.5 Market Dynamics 16
3.5.1 Drivers 17
3.5.1.1 Improve the transportation safety 17
3.5.1.2 Reduce Operating cost & Environment friendly 17
3.5.2 Restraints 17
3.5.2.1 Infrastructures connectivity 17
3.5.2.2 Government Regulatory Standards 18
3.5.2.3 Technology Standards 18
3.5.3 Opportunities 18
3.5.3.1 Business Opportunities for Service Provides 18
3.5.3.2 Electrical vehicles in Developing countries 18
3.5.4 DRO – Impact Analysis 18
3.5.5 Key Stakeholders 18
4 Types: Market Size and Analysis 20
4.1 Overview 20
4.2 Hardware 20
4.2.1 Sensor Components 20
4.2.2 Radar Sensors 20
4.2.3 Video Camera 21
4.2.4 Lidar Sensor 21
4.2.5 Ultrasound Sensor 22
4.3 Software 22
4.4 Services 22
4.4.1 Consulting Services 22
4.4.2 Managed Services 23
4.4.3 Security Services 23
5 Autonomous vehicle levels: Market Size and Analysis 23
5.1 Overview 23
5.2 Semi-Autonomous vehicles 24
5.3 Fully Autonomous vehicles 24
6 Regions: Market Size and Analysis 24
6.1 Overview 25
6.2 North America 25
6.3 Europe 25
6.4 APAC 26
6.5 ROW (Rest of the world) 26
7 Vendor Profiles 27
7.1 General Motors 27
7.1.1 Overview 27
7.1.2 Business Unit 28
7.1.3 Geographic Presence 29
7.1.4 Business Focus 29
7.1.5 SWOT Analysis 29
7.1.6 Business Strategy 30
7.2 Ford Motor Company 31
7.2.1 Overview 31
7.2.2 Business Unit 31
7.2.3 Geographic Presence 32
7.2.4 Business Focus 33
7.2.5 SWOT Analysis 33
7.2.6 Business Strategy 34
7.3 Nissan Motor Company Ltd. 35
7.3.1 Overview 35
7.3.2 Business Unit 36
7.3.3 Geographic Presence 37
7.3.4 Business Focus 37
7.3.5 SWOT Analysis 38
7.3.6 Business Strategy 38
7.4 NXP Semiconductors NV 39
7.4.1 Overview 39
7.4.2 Business Unit 40
7.4.3 Geographic Presence 41
7.4.4 Business Focus 41
7.4.5 SWOT Analysis 42
7.4.6 Business Strategy 42
7.5 Delphi Automotive PLC. 43
7.5.1 Overview 43
7.5.2 Business Unit 44
7.5.3 Geographic Presence 45
7.5.4 Business Focus 45
7.5.5 SWOT Analysis 46
7.5.6 Business Strategy 46
8 Global Vendors 47
8.1 Google Inc 47
8.1.1 Overview 47
8.1.2 Google in Autonomous Vehicles 47
8.2 Intel Corp 47
8.2.1 Overview 47
8.2.2 Intel in Autonomous Vehicles 48
8.3 Apple Inc 48
8.3.1 Overview 48
8.3.2 Apple Inc in Autonomous Vehicles 48
9 Key Companies to Watch 49
9.1 Argus Cyber Security 49
9.1.1 Overview 49
9.1.2 Argus Cyber Security in Autonomous Vehicles 49
9.2 FiveAI 49
9.2.1 Overview 49
9.2.2 FIveAI in Autonomous Vehicles 49
9.3 AImotive 49
9.3.1 Overview 49
9.3.2 AImotive in Autonomous Vehicles 49
9.4 nuTonomy 49
9.4.1 Overview 49
9.4.2 nuTonomy in Autonomous Vehicles 49
10 Competitive Landscape 49
10.1 Competitor Product Analysis 49
Annexure 50
Acronyms 50


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Reports Details

Published Date : Jun 2017
No. of Pages :80
Country :Global
Category :Technology
Publisher :Infoholic Research
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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